Mrs. Jain invests `14%` of her monthly salry, i.e., Rs, 7014 in Insurance Policies. Later she invests `21%` of her monthly salary on Family Mediclaim Policies, also she invests another `6.5%` of her salary oon Mutual Funds. What is the total annual amount invested by Mrs. Jain?

Options

A. A)Rs. 25050
B. B)Rs. 50100
C. C)Rs. 242550
D. D)Rs.249498

Answer

To find the total annual amount invested by Mrs. Jain, we will follow these steps:

### Step 1: Calculate Mrs. Jain's Monthly Salary
We know that Mrs. Jain invests 14% of her monthly salary, which amounts to Rs. 7014. We can set up the equation:

\[ 0.14 \times \text{Monthly Salary} = 7014 \]

To find the Monthly Salary, we can rearrange the equation:

\[ \text{Monthly Salary} = \frac{7014}{0.14} \]

### Step 2: Calculate the Monthly Salary
Now, we will perform the calculation:

\[ \text{Monthly Salary} = \frac{7014}{0.14} = 50000 \]

### Step 3: Calculate the Amounts Invested in Each Policy
Now that we have the monthly salary, we can calculate the amounts invested in each policy:

1. **Insurance Policies**:
\[ \text{Insurance Investment} = 0.14 \times 50000 = 7014 \]

2. **Family Mediclaim Policies**:
\[ \text{Family Mediclaim Investment} = 0.21 \times 50000 = 10500 \]

3. **Mutual Funds**:
\[ \text{Mutual Funds Investment} = 0.065 \times 50000 = 3250 \]

### Step 4: Calculate Total Monthly Investment
Now we will sum up all the investments to find the total monthly investment:

\[ \text{Total Monthly Investment} = 7014 + 10500 + 3250 \]

### Step 5: Calculate the Total Monthly Investment
Perform the addition:

\[ \text{Total Monthly Investment} = 7014 + 10500 + 3250 = 20764 \]

### Step 6: Calculate the Total Annual Investment
To find the total annual investment, we multiply the total monthly investment by 12:

\[ \text{Total Annual Investment} = 20764 \times 12 \]

### Step 7: Calculate the Total Annual Investment
Now, perform the multiplication:

\[ \text{Total Annual Investment} = 20764 \times 12 = 249168 \]

### Final Answer
Thus, the total annual amount invested by Mrs. Jain is **Rs. 249168**.

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